FOREIGN DEBT AND ITS IMPLICATIONS FOR PAKISTANS NATIONAL SECURITY

http://dx.doi.org/10.31703/grr.2018(III-I).08      10.31703/grr.2018(III-I).08      Published : Dec 1
Authored by : RafaqatIslam , SarfrazHussainAnsari , ShahzadHussain

08 Pages : 107-127

References

  • PML-N. (2018). Economic Mismanagement. Business Recorder.
  • Anderson, J.W. (1998). Pakistan Sets Off Nuclear Blasts. The Washington Post, May 29, 1998.
  • Aslam, S. (1960). Pakistan Seeks Security. Longman.
  • Asma, K. (2016). Perspective on Public Debt Sustainability, [SBP Staff Notes 04/16).
  • Bret, S. (2008). Let's Buy Pakistan's Nukes. Wall Street Journal
  • Business Recorder. (2018). Rising Budget Deficit.
  • Pasha, H.A. (2018). Business Recorder.
  • Khan, A. (2016). Rising Debt: A Serious Threat to the National Security. Working Paper
  • Eduardo, B., & Ugo, P. (2008). IMF Working Paper, the Costs of Sovereign Default
  • Fiscal Responsibility and Debt Limitation (FRDL) Act 2005
  • Fiscal Responsibility and Debt Limitation Act, 2005
  • Government of Pakistan. (2001). Pakistan Economic Survey 2001
  • Government of Pakistan, Ministry of Finance. (2001). Debt Management Committee Report. Islamabad.
  • Government of Pakistan, Ministry of Finance ,Debt Policy and Coordination Office & State Bank of Pakistan
  • Bukhari, H. & Haq, I. (2018). Need for Efficient Tax Authority. Business Recorder.
  • Oneal, J.R. & Russett, B. (1999). High Politics of IMF Lending. The Kantian Peace: The Pacific Benefits of Democracy, Interdependence, and International Organizations, 1885-1992.
  • Juvaria, J.,(2015). Insidious Debt and Elusive Freedom: Narrative Issues with Public Borrowing. Published in PRIME Institute.
  • Kamal, M. (2016). Blind borrowing -Is Pakistan fast slipping into a debt trap?. The Nation, December 8, 2016.
  • Khan, Dr. A. Khan., (2017) Pakistan's Debt: An Update Spearhead Research URL:
  • Lawrence, Z.. (1975). Pakistan: The Long View Durham, Duke University Press. p.328
  • Morrow, D., & Carriere, M. (1999). The Economic Impacts of the 1998 Sanctions on India and Pakistan. The Nonproliferation Review, 6(4), 1-15
  • National Assembly debates on Protection of Economic Reforms Bill, 1992
  • Palmer, N.D. (1975). Pakistan: The Long Search for Foreign Policy.In Lawrence Ziring. Durham (ed),Pakistan: The Long View by Lawrence Ziring (p.416), Duke University Press
  • Rana, S., (2017). PTI warns of legal battle over definition change of public debt. The Express Tribune September 20, 2017 from: https://tribune. com.pk/story/1511122/pti-warns-legal-battle-definition-change-public-debt
  • Staff Report. (2017). Foreign Debt seem more Dangerous than Terrorism in Pakistan. The Nation, February 27,2017
  • Qureshi, T.A., & Mahmood, Z. (2016). The Magnitude of Trade Misinvoicing and Resulting Revenue Loss in Pakistan.The Lahore Journal of Economics, 21(2), 1-30
  • The Gazette of Pakistan Extraordinary. Islamabad, July 28, 1992
  • The News International (2017) “Debt trap haunts PakistanÂ’s Future” The News, September 29, 2017 Retrieved From https://www.thenews.com.pk/print/233309-Debt-trap-haunts-Pakistans-future
  • The USAÂ’s Foreign Assistance Act 1961 was amended on the initiative of Stuart Symington in 1977. This comprised ODA: $ 8.8 billion non-ODA: $3.6 billion and arrears of $77 million. ODA is defined as credits with a low interest and waived at development.
  • Thomas W. L. (1998) “US Lifts Sanctions on India and Pakistan”. The Washington Post, November 7, 1998
  • Ugo Panizza, et al. “The Economics and Law of Sovereign Debt and Default”, Journal of Economic Literature, 2009, vol 47, No. 3, p.p. 651-698
  • PML-N. (2018). Economic Mismanagement. Business Recorder.
  • Anderson, J.W. (1998). Pakistan Sets Off Nuclear Blasts. The Washington Post, May 29, 1998.
  • Aslam, S. (1960). Pakistan Seeks Security. Longman.
  • Asma, K. (2016). Perspective on Public Debt Sustainability, [SBP Staff Notes 04/16).
  • Bret, S. (2008). Let's Buy Pakistan's Nukes. Wall Street Journal
  • Business Recorder. (2018). Rising Budget Deficit.
  • Pasha, H.A. (2018). Business Recorder.
  • Khan, A. (2016). Rising Debt: A Serious Threat to the National Security. Working Paper
  • Eduardo, B., & Ugo, P. (2008). IMF Working Paper, the Costs of Sovereign Default
  • Fiscal Responsibility and Debt Limitation (FRDL) Act 2005
  • Fiscal Responsibility and Debt Limitation Act, 2005
  • Government of Pakistan. (2001). Pakistan Economic Survey 2001
  • Government of Pakistan, Ministry of Finance. (2001). Debt Management Committee Report. Islamabad.
  • Government of Pakistan, Ministry of Finance ,Debt Policy and Coordination Office & State Bank of Pakistan
  • Bukhari, H. & Haq, I. (2018). Need for Efficient Tax Authority. Business Recorder.
  • Oneal, J.R. & Russett, B. (1999). High Politics of IMF Lending. The Kantian Peace: The Pacific Benefits of Democracy, Interdependence, and International Organizations, 1885-1992.
  • Juvaria, J.,(2015). Insidious Debt and Elusive Freedom: Narrative Issues with Public Borrowing. Published in PRIME Institute.
  • Kamal, M. (2016). Blind borrowing -Is Pakistan fast slipping into a debt trap?. The Nation, December 8, 2016.
  • Khan, Dr. A. Khan., (2017) Pakistan's Debt: An Update Spearhead Research URL:
  • Lawrence, Z.. (1975). Pakistan: The Long View Durham, Duke University Press. p.328
  • Morrow, D., & Carriere, M. (1999). The Economic Impacts of the 1998 Sanctions on India and Pakistan. The Nonproliferation Review, 6(4), 1-15
  • National Assembly debates on Protection of Economic Reforms Bill, 1992
  • Palmer, N.D. (1975). Pakistan: The Long Search for Foreign Policy.In Lawrence Ziring. Durham (ed),Pakistan: The Long View by Lawrence Ziring (p.416), Duke University Press
  • Rana, S., (2017). PTI warns of legal battle over definition change of public debt. The Express Tribune September 20, 2017 from: https://tribune. com.pk/story/1511122/pti-warns-legal-battle-definition-change-public-debt
  • Staff Report. (2017). Foreign Debt seem more Dangerous than Terrorism in Pakistan. The Nation, February 27,2017
  • Qureshi, T.A., & Mahmood, Z. (2016). The Magnitude of Trade Misinvoicing and Resulting Revenue Loss in Pakistan.The Lahore Journal of Economics, 21(2), 1-30
  • The Gazette of Pakistan Extraordinary. Islamabad, July 28, 1992
  • The News International (2017) “Debt trap haunts PakistanÂ’s Future” The News, September 29, 2017 Retrieved From https://www.thenews.com.pk/print/233309-Debt-trap-haunts-Pakistans-future
  • The USAÂ’s Foreign Assistance Act 1961 was amended on the initiative of Stuart Symington in 1977. This comprised ODA: $ 8.8 billion non-ODA: $3.6 billion and arrears of $77 million. ODA is defined as credits with a low interest and waived at development.
  • Thomas W. L. (1998) “US Lifts Sanctions on India and Pakistan”. The Washington Post, November 7, 1998
  • Ugo Panizza, et al. “The Economics and Law of Sovereign Debt and Default”, Journal of Economic Literature, 2009, vol 47, No. 3, p.p. 651-698

Cite this article

    CHICAGO : Islam, Rafaqat, Sarfraz Hussain Ansari, and Shahzad Hussain. 2018. "Foreign Debt and its Implications for Pakistan's National Security." Global Regional Review, III (I): 107-127 doi: 10.31703/grr.2018(III-I).08
    HARVARD : ISLAM, R., ANSARI, S. H. & HUSSAIN, S. 2018. Foreign Debt and its Implications for Pakistan's National Security. Global Regional Review, III, 107-127.
    MHRA : Islam, Rafaqat, Sarfraz Hussain Ansari, and Shahzad Hussain. 2018. "Foreign Debt and its Implications for Pakistan's National Security." Global Regional Review, III: 107-127
    MLA : Islam, Rafaqat, Sarfraz Hussain Ansari, and Shahzad Hussain. "Foreign Debt and its Implications for Pakistan's National Security." Global Regional Review, III.I (2018): 107-127 Print.
    OXFORD : Islam, Rafaqat, Ansari, Sarfraz Hussain, and Hussain, Shahzad (2018), "Foreign Debt and its Implications for Pakistan's National Security", Global Regional Review, III (I), 107-127
    TURABIAN : Islam, Rafaqat, Sarfraz Hussain Ansari, and Shahzad Hussain. "Foreign Debt and its Implications for Pakistan's National Security." Global Regional Review III, no. I (2018): 107-127. https://doi.org/10.31703/grr.2018(III-I).08